Airwallex Fuels EMEA Growth With $1.1 Billion Investment

Global payments and financial platform Airwallex is investing $1.135 billion to fuel its expansion in the United Kingdom and the Europe, Middle East and Africa (EMEA) region over the next five years.

The company will use the new investment to open in new markets, launch new products and add 100 new senior engineering roles in the U.K., according to a press release emailed to PYMNTS.

The announcement follows a fourth quarter in which Airwallex reported year-over-year growth of 116% in revenue and 226% in transaction volume across EMEA, the release said.

“We’re seeing exceptional momentum across Europe, with rapid revenue growth reflecting the increasing demand for modern, global financial infrastructure,” Christos Chamberlain, general manager of U.K. and Europe at Airwallex, said in the release. “From the U.K. to key markets across the rest of Europe, more businesses are choosing our platform to scale internationally with speed and confidence.”

Airwallex was founded in Australia in 2015 and now holds 80 licenses across North America, Europe, the Middle East and Asia Pacific. The company has more than 2,000 employees across 26 offices and serves more than 200,000 companies worldwide, per the release.

The company said in December that it was investing $590 million in its U.K. business through 2030 to drive local and regional growth by increasing its U.K. headcount and introducing new and expanded products.

Airwallex also announced at that time that it appointed Chamberlain as its new regional general manager leading operations across the U.K. and wider European region. Chamberlain, who was formerly general manager of international logistics firm Flexport, has 20 years of experience managing the complexities of cross-border trade, the firm said.

The company also said at the time that it would invest in the Netherlands, France, Germany and other key geographies in early 2026 and in additional markets after that.

Also in December, Airwallex said it raised $330 million in a Series G funding round that valued the company at $8 billion. That valuation was up from the $6.2 billion valuation it achieved six months earlier in a Series F round.

The company said then that it established a second global headquarters in San Francisco, joining its existing one in Singapore, and that it would deploy over $1 billion through 2029 to scale its operations in the United States.